Alcoa to slash 13,500 jobs and cut production (Reuters)

January 6, 2009

Alain Belda, chairman of Alcoa Inc. speaks to the media during a news conference in Montreal, Quebec, May 7, 2007. (Shaun Best/Reuters)Reuters - Aluminum producer Alcoa Inc said on Tuesday it will curtail metal production by about 18 percent and cut some 15,200 jobs to save cash and reduce costs as it seeks to counter the impact of the global economic downturn.

US recession forecast to drag on

January 6, 2009

The US recession is likely to drag on well into 2009, according to forecasts from the US Federal Reserve.

Alcoa to Reduce Capacity By 18%, Fire 13500 Workers - Bloomberg

January 6, 2009


Reuters
Alcoa to Reduce Capacity By 18%, Fire 13500 Workers
Bloomberg - 52 minutes ago
By Rob Delaney Jan. 6 (Bloomberg) — Alcoa Inc., the world’s largest aluminum maker, announced a third production cut in as many months and related charges of as much as 0 million in response to declining demand and prices.
Alcoa to cut global workforce by 13% CNNMoney.com
Alcoa to cut 13 pct of global work force BusinessWeek
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Why the Cheapest Cleaning Company Can Be a False Economy

January 6, 2009

Cleaning is an essential part of any business. It helps to keep things looking their best for both staff and visitors, and it soon shows if standards start to slip and the things we take for granted aren’t looking as good any more.Just imagine what kind of impression it would make for example, if your company wasn’t looking its best when an important client came to call. If they weren’t impressed with what they saw, they might even cancel any business they were thinking of conducting with you. That is how important having high standards of cleanliness and tidiness really are.

Fed predicts economy will get worse

January 6, 2009

The U.S. economy is likely to deteriorate further this year and unemployment will rise into 2010, according to the latest forecasts from the staff of the Federal Reserve.

Ending the Relationship With a Business Partner

January 5, 2009

When things go sour with your business partner, it may be time to call it quits. Here is an example of one actual scenario and some possible solutions to this common problem.

Russia, Ukraine Appeal to EU as Gazprom Raises Price Demand - Bloomberg

January 4, 2009

Russia, Ukraine Appeal to EU as Gazprom Raises Price Demand
Bloomberg - 1 hour ago
By Stephen Bierman and Daryna Krasnolutska Jan. 5 (Bloomberg) — Russia and Ukraine sought support from the European Union to resolve their deepening dispute over gas supplies on the fifth day of suspension of shipments to the former Soviet state as
Video: Gazprom's extreme measures for Ukraine RussiaToday
Russia-Ukraine: A Market Dispute BusinessWeek
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Richardson out as Commerce Secretary

January 4, 2009

Read full story for latest details.

Yellen: Pull out all stops for grim economy (Reuters)

January 4, 2009

The Federal Reserve Building in Washington while the Fed is inside meeting, October 29, 2008. (Larry Downing/Reuters)Reuters - The U.S. economy faces a potentially long period of weak growth and a rising risk of deflation, making it worth “pulling out all the stops” with a big fiscal spending program, Janet Yellen, president of the San Francisco Federal Reserve Bank, said on Sunday.

China factory output dips further

January 4, 2009

China’s manufacturing output falls for a third consecutive month as the economic slowdown continued to hit its economy.

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